If the cost price of an article is Rs. 400 and the selling price is Rs. 500, what is the profit percentage? MCQ with Answer and Explanation

Question

Share Report Error

If the cost price of an article is Rs. 400 and the selling price is Rs. 500, what is the profit percentage?

A. 30%

B. 15%

C. 20%

D. 25%

Answer: Option D

Solution (By JKSSB Mock Tests)

Profit = 100, profit% = 100/400*100=25%.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

A person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit percentage is:

A. 30%

B. 37.5%

C. 35%

D. 27.5%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Let Cost Price of 1 kg = 1. Cost Price of 80 kg = 80. Profit = Cost Price of 30 kg = 30. Profit percentage = (30 / 80) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

If the cost price of an article is Rs. 450 and the selling price is Rs. 540, what is the profit percentage?

A. 20%

B. 18%

C. 15%

D. 25%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Profit = 90, profit% = 90/450*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A shopkeeper buys a product for Rs. 360 and sells it for Rs. 432. What is the profit percentage?

A. 18%

B. 15%

C. 20%

D. 25%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Profit = 72, profit% = 72/360*100 = 20%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs